ICICI Credit Card Rewards

ICICI Bank Coral Contactless Card	2 PAYBACK points for every ₹100 spent on your card (except fuel) 1 PAYBACK point for every ₹100 spent on utilities and insurance categories
ICICI Platinum Chip Card – Visa	2 PAYBACK points for every ₹100 spent on your card (except fuel) 1 PAYBACK point for every ₹100 spent on utilities and insurance categories
ICICI Sapphiro Credit Card	2 PAYBACK points for every ₹100 spent on domestic purchases 4 PAYBACK points for every ₹100 spent on international purchases 2 reward points for every ₹100 spent on domestic purchases 4 reward points for every ₹100 spent on international purchases
ICICI Rubyx Credit Card	2 PAYBACK points for every ₹100 spent on domestic purchases 4 PAYBACK points for every ₹100 spent on international purchases 2 reward points for every ₹100 spent on domestic purchases 4 reward points for every ₹100 spent on international purchases
ICICI Bank Expressions Credit Card	3 PAYBACK points for every ₹100 spent on your card (except fuel)
ICICI Emeralde Credit Card	4 PAYBACK points for every ₹100 spent on retail transactions except fuel 1 PAYBACK points for every ₹100 spent on utilities and insurance categories
ICICI HPCL Credit Card	2 PAYBACK Points for every ₹100 spent on retail purchases except for fuel
ICICI MU Signature Credit Card	3 PAYBACK points for every ₹100 spent on domestic retail purchases except for fuel 4 PAYBACK points for every ₹100 spent on international retail purchases except for fuel 5 PAYBACK points for Manchester United match days against every ₹100 spent on retail purchases except for fuel
ICICI MU Platinum Credit Card	2 PAYBACK points for every ₹100 spent on domestic retail purchases except fuel Earn 2 PAYBACK points for every ₹100 spent on international retail purchases except fuel Earn 3 PAYBACK points for Manchester United match days against every ₹100 spent on retail purchases except for fuel
ICICI MMT Platinum Credit Card	Earn ₹1 My Cash for every ₹200 spent on domestic purchases made outside MakeMyTrip Earn ₹1.25 My Cash for every ₹200 spent on international purchases made outside MakeMyTrip Earn ₹2 My Cash for every ₹200 spent on flight bookings on MakeMyTrip Earn ₹3 My Cash for every ₹200 spent on hotel/ holiday bookings on MakeMyTrip
ICICI MMT Signature Credit Card	Earn ₹1.25 My Cash for every ₹200 spent on domestic purchases other than on MakeMyTrip Earn ₹1.50 My Cash for every ₹200 spent on international purchases other than on MakeMyTrip Earn ₹2 My Cash for every ₹200 spent on flight bookings on MakeMyTrip Earn ₹4 My Cash for every ₹200 spent on hotel/ holiday bookings on MakeMyTrip

 

 

** Note - ICICI reward points value is in rupees

1. ICICI Bank credit card reward point is ₹0.25

2. ICICI Bank credit card My Cash is ₹1

Types of ICICI Bank Credit Card Reward Programme

ICICI Bank offers three different types of credit card reward programs. Let’s take a closer look at each of these programs. 

• ICICI Bank Rewards Program

Effective April 01, 2022, the ICICI Bank rewards program applies to all ICICI Bank credit cards. This program lets you earn reward points on almost all transactions that you make using your card. The accumulated reward points can be redeemed for gifts and discount vouchers once you reach a specific threshold. 

• ICICI Bank Hand-Picked Rewards Program

The ICICI Bank Hand-Picked rewards program also lets you earn reward points when you use your card to make payments. However, this program applies only to certain select credit cards offered by the bank. 

• ICICI Bank PAYBACK Program

The ICICI Bank PAYBACK program lets you earn PAYBACK points on certain categories of payments. These PAYBACK points can then be used to pay utility bills, recharge your mobile phone number or get gift cards or discount vouchers. 

However, it is important to note that the ICICI Bank PAYBACK program has been discontinued with effect from April 01, 2022. All cardholders under this program have been automatically transferred to the newer ICICI Bank Rewards program. That said, if you have any accumulated PAYBACK points in your account, you may still redeem them until they expire.  

How to Earn ICICI Bank Credit Card Reward Points

Irrespective of the type of rewards program applicable to you, the best way to earn ICICI Bank credit card reward points is to use your card to make payments. The reward points that you earn are credited to your account at the end of every billing cycle. 

It is essential to know that with certain payment categories, you may be eligible for accelerated reward point accumulation. These special categories vary from one ICICI Bank credit card to another. If you wish to earn ICICI Bank credit card reward points quickly, make sure to use your card for transactions that offer accelerated reward points.  

Supplementary credit cards also let you earn reward points. You can increase the rate of reward point accumulation by providing your family with supplementary cards linked to your primary credit card account. This way, you will get reward points every time they use their supplementary cards to make payments. 

Alternatively, you can also set up automatic utility bill payments on your card or make high-value transactions to earn reward points quickly. 

How to Redeem ICICI Bank Reward Points

You can redeem your ICICI Bank reward points in either of the following two ways - via the ICICI internet banking portal or the 24/7 customer care helpline. The steps that you would have to follow for both of these redemption methods have been elaborated below. 

1. Steps to Redeem ICICI Reward Points Via Internet Banking 

• Step 1: Visit the ICICI Bank internet banking portal.

• Step 2: Login using your user credentials. 

• Step 3: Navigate to the ‘Reward Points’ section of the portal. 

• Step 4: Click on the ‘Redeem Online’ option. 

• Step 5: Choose the item that you would like to redeem your points for and complete the process.  

Once you’ve redeemed your points, the portal will provide you with a unique reference number which you can use in case of any queries regarding this particular redemption request. 

2. Steps to Redeem ICICI Reward Points Via Customer Care Helpline 

• Step 1: Call the ICICI Bank credit card customer care helpline number for your city. 

• Step 2: Provide the item code of the reward that you wish to redeem to the phone banking representative. 

• Step 3: Make a note of the unique reference number of your redemption request. 

*Note: You can only convert your ICICI Bank credit card reward points into air miles by calling the ICICI Bank 24/7 customer care helpline pertaining to your city. 

It is essential to keep in mind that irrespective of the redemption method, it may take up to 10 working days for your order to be dispatched to you. If you still don’t receive your order even after the expiry of 10 working days, you may call the ICICI Bank customer care helpline and specify your unique reference number to get more information. 

How are the Reward Points Calculated?

Depending on the type of card you own, the number of ICICI Bank credit card reward points that you get to earn on a transaction may vary. Some transactions allow you to earn just one reward point, while other transactions at certain specified partner stores give you multiple reward points. 

For instance, let’s say that you own an ICICI Bank credit card that offers 1 reward point for every ₹100 spent online and 5X reward points for every ₹100 spent on partner stores. Now, assume that you spend ₹10,000 online and ₹15,000 on partner stores. 

You will earn 100 reward points for your online transaction [1 reward point * (₹10,000 ÷ ₹100)] and 750 reward points on the transaction made at the partner store [5 reward points * (₹15,000 ÷ ₹100)]. 

Hand-picked Reward Points on Specific Products

ICICI Bank offers a unique hand-picked rewards program for certain select credit cards. Cardholders who qualify for this program get the following list of advantages. 

• Reward points on all kinds of transactions 

• Zero limitation on the number of hand-picked rewards you can earn

• No expiration date on reward points

• Wide-range of exclusive redemption options across multiple segments such as fragrances, dining experiences, home entertainment, fashion and gadgets, among others

Here’s a list of hand-picked rewards that you can get by redeeming your ICICI Bank credit card reward points.